1 week, 6 days ago
Google's biggest bet is AI for search, investment chief says
The HinduAlphabet, the Google parent that has pioneered self-driving cars and quantum computing, is making its biggest bet much closer to home: online search. Applying artificial intelligence to the search business that made Google a household name remains the largest gambit for the company, Ruth Porat, Alphabet's president and chief investment officer, said at the Reuters NEXT conference in New York on Tuesday. Search will keep evolving, said Porat, who previously was Google and Alphabet’s longest-serving chief financial officer. Asked if the cost of Alphabet's investments in AI would follow sky-high industry trends, Porat said the technology represented a "generational opportunity."
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